IMM 4.41% 35.5¢ immutep limited

next support ?, page-59

  1. 35,746 Posts.
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    Well found the low with the year old gap fill from that chart above & nothing but up since - nothing spectacular & still alot of work do but of the 15 trading days since we've had 11 green candles VS 4 red candles but even the red days have respected the trend.

    Saying that though i don't think it will get much higher from here without volume & for volume it needs developments which basically means news - of course I'd be happy to be proved wrong though. As always the real rewards will come with patience.

    Finally does anyone remember posting this chart ? I'd say probably not because it was following DNDN getting belted & everyone calling for quick rebounds yada yada yada but anyway at the time i said DMI cross would be the time to buy as history shows and it was a long way off then.

    DMI has given a cross since filling the gap & making its climb although it's still not convincing with out volume.

    FWIW this chart is just a repost of the old one following DNDN's collapse i haven't updated it it's really just to plot the DMI over time PS - it had to break that trend from low to fill the gap the other week but happily back above now.




 
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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